Hi Luc,
I would just like to start by saying your channel is great. Been following you for a few months after watching lots of other videos on how to position/swing trade and day trade. You're lack of use of technical indicators is refreshing. Everyone else is speculating on fibonacci retracements, crossing MAs etc. which seems to me like adding uncertainty to an already uncertain market
I have a more general question that I hope you can get round to answer. It's essentially holding versus position trading. Your earlier videos (mid-2017) on position trading make sense in the markets of that time, however now the markets seem to be rising at a greater % than before. And, if crypto follows the S-curve adoption profile, this bullish market may go up at a higher rate still. In this situation, do you still favour position trading versus holding? Which nets the biggest percent profits? For example LTC is up 9000% this year (from start of year to recent peak). A $10,000 investment in January would have been $900,000 at the recent peak. Has position trading out-performed this? Of course, the issue here is how would you know LTC would've gained that much.
This is in no way a dig, I am just curious.
Thank you.
Edit.
I just made a quick excel compound interest calculator. If you start with $500, and make 5% every 3 days, you'd have $192,000 at the end of the year. However, if you make 6% every 3 days, then you'll have $610,000 at the end. And if you make 7% every 3 days, that would get you $1.9 million. Crazy how compound percentage works. Moreover, if you started with $5000 and made 5% every 3 days, you'd have $1.9 million also. 5% every three days does not sound unachievable if you follow what Luc says and set up alerts for 100 or so coins. You'd just have to be on it for a year. In that case, you'd outperform holding (e.g. starting with $500, making 7% every 3 days giving $1.9 million; that's a 380,000% increase (3800 x); I think that would beat any holding.
RE: Lets look at my recent trades, and where will I buy BTC, BCH, ETH next? Wheres the bottom???